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Narayana Murthy backed general insurer Acko plans $350 million IPO

Narayana Murthy backed general insurer Acko plans $350 million IPO

by AIP Online Bureau | Jan 13, 2026 | Indian News, Non-Life, Technology, Wealth Management/ Philanthropy

The IPO, which may include a mix of primary shares and secondary sales by existing investors, is likely to be launched in the second half of the year, sources said Mumbai: Narayana Murthy and Amazon backed digital general insurer Acko Technology & Services Pvt....
Turtlemint Fintech eyes Rs 2,000cr IPO; to file updated draft papers with Sebi in next 2-weeks

Turtlemint Fintech eyes Rs 2,000cr IPO; to file updated draft papers with Sebi in next 2-weeks

by AIP Online Bureau | Jan 6, 2026 | Indian News, Intermediaries, Regulation, Wealth Management/ Philanthropy

Following Sebi’s approval, the company will file its updated draft red herring prospectus (UDRHP) in the next two weeks, which will be open for public comments for 21 days. After this, the firm is required to file UDRHP-II incorporating public comments and then...
Malaysia’s largest online insurance aggregator mulls IPO in next two years

Malaysia’s largest online insurance aggregator mulls IPO in next two years

by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Technology

The success of Ant Group Co., the operator of China’s ubiquitous financial services app Alipay, inspired Low to start Bjak in 2019. While insurance technology is well established in markets like the UK, it is at different stages of maturity across Asia, he said.Bjak...
Canara HSBC Life IPO sees tepid response; subscribed 6 pc on day 1

Canara HSBC Life IPO sees tepid response; subscribed 6 pc on day 1

by AIP Online Bureau | Oct 10, 2025 | Indian News, Life, Wealth Management/ Philanthropy

The retail individual investors (RIIs) category was subscribed 9 per cent, and the portion for non-institutional investors received 3 per cent. The qualified institutional buyers (QIBs) category did not see any participation so far. Canara HSBC Life Insurance Company...
SEBI eases IPO shareholding rules, brings relief for large companies

SEBI eases IPO shareholding rules, brings relief for large companies

by AIP Online Bureau | Sep 12, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy

According to SEBI’s release, companies with a market capitalisation of Rs 50,000 crore to Rs 1 lakh crore will now get more time to meet the public shareholding requirements. They will be required to achieve 15 per cent MPS within five years of listing and 25 per cent...
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